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Opis

This work investigates the effects of opportunity §costs of subsidizing the exports, unequal sizes of §trading partners and uncertainty on strategic trade §policy.§The analysis shows that introduction of opportunity §costs greater than unity decreases the scope of §subsidizing. Besides, as the import §market grows larger, the ratio of the import tariff §to the price also raises; thus, the importing §country uses strategic trade policy to gain at the §expense of the exporting country.§Under non-zero correlation between the markets, the §exporter chooses export tax for positively §correlated markets and sticks to the free trade §policy otherwise (with importer setting a non-zero §import tariff in both cases). Export tax is to §decrease welfare volatility of the exporter in case §of positive correlated markets, whereas negative §correlation provides natural diversification; hence, §exporting country chooses free trade.§The book may be useful for both practitioners and §researchers in the field of international trade.

Szczegóły książki

Kategoria Książki po angielsku Economics, finance, business & management Economics

• Pełny tytuł: Strategic Trade Policy
• Podtytuł: Discussing the Implications of Opportunity Costs, Inequality in Country Sizes and Uncertainty
• Autor: Vera Baranouskaya
• Język: Angielski
• Oprawa: Miękka
• Liczba stron: 64
• EAN: 9783639085471
• ISBN: 3639085477
• ID: 06817722
• Wydawca: VDM Verlag Dr. Mueller E.K.
• Waga: 100 g
• Wymiary: 229 × 152 × 3 mm
• Data wydania: 06. October 2008

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